Airbnb Inc.
Airbnb Going Strong in Texas
According to AirDNA data, three major Texas metros are witnessing an important growth in Airbnb user adoption. Austin, Houston and Dallas have seen the total number of listings increase by as much as 90 percent year-over-year in October.
Airbnb Faces Adoption Slowdown
A recently published report by Morgan Stanley shows that Airbnb’s initial utilization rate prediction for 2017 will only be reached by the end of next year. In the light of the platform’s struggles to maintain the momentum gained in 2015 and 2016, online travel agencies gain significant ground.
Orlando Hospitality Developers Begin to Explore Mixed-Use
Orlando’s hospitality and tourism industries aren’t showing any signs of slowing down, but with land costs rising, developers may need to shift their strategies. Daniel Bachrach, partner at Foley & Lardner, discusses the trends and changes to come for the market.
Fitch: More U.S. Lodging Consolidation Is Expected
The growing power of industry leaders will drive more lodging consolidation, with Hyatt and La Quinta as desirable targets, per the rating agency’s most recent report on hospitality. Such growth strategies are also a way to balance the competitive environment disrupted by alternative accommodation operators.
Portland Historic Office Buildings Change Hands
NBP Capital acquired the Blagen Block and the New Market Theater in Portland’s CBD. The two buildings are among the few remaining Victorian Italianate buildings in the city.
Will Lenders Roll Out the Welcome Mat for Hotel Investors?
Insights on what’s ahead for the hospitality sector in the capital markets, from a finance veteran and president of the Continental Partners mortgage banking firm.
Planner5D Advises Home-Away-From-Home Design Plan
Taking a cue from the Airbnb phenomenon, a new app enables owners and property managers to test interior design upgrades for short-term rental properties and hotels.
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